Bermuda’s Business Development Agency (BDA), in partnership with professional services firm Deloitte, has launched a new Bermuda risk directory web portal.
The new service is designed to provide brokers with easy access to a full range of insurance and reinsurance services, and has been described as an updated and relaunched version of the Bermuda Market Solutions website and booklet.
The service will enable greater and faster connectivity to the Bermudian insurance and reinsurance market for customers across the world, and provides drop-down menus with access to over 24 lines of business and listings for companies.
Commenting on the new platform, BDA business development manager, Jereme Ramsay, said; “Building on the core principles of its predecessor, this website’s advanced search mechanism, navigation and mobile optimisation are designed to help drive new business to our world-respected jurisdiction.
“We’re grateful to our partners at Deloitte, who gathered data from the Bermuda market for this project and all the participating firms across our risk industry. The concerted efforts of carriers, underwriters, brokers, BDA colleagues and our web developers have been instrumental to this project’s success.”
The new web portal also provides clients with an overview of the Bermuda marketplace, and links to industry groups and service providers such as the Association of Bermuda Insurers and Reinsurers (ABIR), the Bermuda Monetary Authority (BMA), and the Bermuda Stock Exchange (BSX).
ABIR President and Executive Director, Bradley Kading, said; “It’s a thriving market, one of the world’s top three, and this is the best way to figure out which carriers can best serve your needs.”
While Dan Roberts, Senior Manager, Consulting at Deloitte, said; “The BDA has done a fantastic job in developing the new BRD website, which now offers an unparalleled overview of products offered by the insurance and reinsurance market in Bermuda.”
Alongside Deloitte, the BDA will work with design, website and advertising agency Cosmic to keep the site updated and expand the number of represented companies.
“Our goal is to encourage and support Bermuda’s technological evolution to ensure its ability to not just compete, but lead in global markets,” said Sean Collier, Managing and Creative Director, Cosmic.
